Member Info for hey_arnold

It will be interesting to see if it holds or whether it drops back down.

I reckon today some shorts are taking profit.

Great thanks

Tony please could you explain to me how this hedge works? Are they hedged with options or on the underlying oil forward contracts?

I assume the market is currently beginning to price in a small probability e the company will go bust.

US and European futures look up between 0.5-1.0%. But whether or not this is a dead cat bounce is another matter.

I've got a couple of toenails if you're interested?

Will we get a brutal uncrossing trade at the end of the day to top things off?

I think as someone has already mentioned, the BOD probably are not going to say anything until they appoint a new CEO, then the CEO gets the credit for any good news... stock re-rates.... etc etc

OldFatProp what has changed since last week that is specific to tullow? Aren't we just seeing a global market correction? I dont follow your logic.

Airlines are getting hammered worse.

Exactly what MaverickD said. Look at other oil companies and miners etc.... All down close to 10%

BlackRock Institutional Trust Company, National Association 0.99% -0.05% 14 Feb 2020
Citadel Advisors LLC 0.51% 0.0% 18 Feb 2020
Key Group Holdings (Cayman), Ltd. 1.29% 0.13% 12 Feb 2020
ODEY ASSET MANAGEMENT LLP 0.87% 0.48% 23 Jan 2020
Squarepoint Ops LLC 0.87% -0.03% 20 Feb 2020
Total 4.53%

"Why anyone would buy this is beyond me, totally delusional."

Would have thought this was obvious but .........Decent assets and a recovery play after corona has blown over with a new CEO in charge.

" so much more bad news to give"

Can you be more specific?

have a look at all the major indexes*

"Every Sunday night someone post negative comments in the forum to scare readers and lower the price on Monday."

Not sure it works like that haha. Have you all the major indexes and how much they are down. Stocks with the poorest fundamentals and biggest exposure to demand are going to get hammered hence today. NOT because someone posted a bearish comment here.

Reckon it will get sold again personally

Why does it look like the final push?

"Looks like the final push this morning to me as news of Chinese interest."

Equity markets have been mispricing corona virus impact.

Corona Virus in Asia worse than expected.